Event technology firm Glisser is set to go into administration this week.

The news was revealed in a LinkedIn post by founder Michael Piddock, which said: “Sadly, it looks like Glisser will slip into administration next week. We’ve found a buyer for our platform, but not for the broader business.”

He then appealed to the rest of the sector to help the firm’s employees find jobs and provided a list of people open to work: “There will be a time and a place to tell our story, but right now my priority is finding new roles for 25 amazing people.

“If you have open positions available – across sales, marketing, development and customer success – please check out this list. I can vouch for every one of them. And thanks to everyone who was part of the journey.”

Founded in 2014, Glisser’s platform for virtual and hybrid meetings platform won awards and was used by clients across the UK and US.

It’s the latest virtual event technology provider to hit hard times as growth in virtual event platforms has slowed since the return to live events post pandemic, as well as tough economic conditions.

Last summer, both Hopin and Bizzabo made significant redundancies, and according to reports, Hubilo laid off 115 employees, or around 35% of its workforce, earlier this month – its second round of job cuts.